2 Bed Bungalow, Single Let, Derby, DE21 2TP, £425,000

5 Kyle Grove, Derby, City Of Derby, DE21 2TP - 10 months ago

BTL
84 m²
+11 photos

ValuationOvervalued

Sold Prices£129K - £234K
Sold Prices/m²£1.4K/m² - £4.3K/m²

 

 

Square Metres

84 m²
Price/m²£5.1K/m²

Value Estimate

£268,800

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£725 - £925

Rent Estimate

£785

Running Costs/mo

£1,505

Cashflow/mo

£-720

Cashflow/yr

£-8,641

Gross Yield

2%

Local Sold Prices

50 sold prices from £129K to £234K, average is £173.8K. £1.4K/m² to £4.3K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£159.9K07/210.07 mi3, Yewdale Grove, Oakwood, Derby, City Of Derby DE21 2PD2
£180K08/230.11 mi5, Hallgate Close, Oakwood, Derby, City Of Derby DE21 2QY2
£190K11/220.12 mi24, Hucklow Court, Oakwood, Derby, City Of Derby DE21 2TG2
£190K06/230.13 mi26, Hucklow Court, Oakwood, Derby, City Of Derby DE21 2TG2
£180K03/230.13 mi15, Hucklow Court, Oakwood, Derby, City Of Derby DE21 2TG2
£180K06/230.13 mi79, Smalley Drive, Oakwood, Derby, City Of Derby DE21 2SQ2
£175K03/230.15 mi18, Leawood Gardens, Oakwood, Derby, City Of Derby DE21 2TF2
£172.5K06/210.15 mi14, Leawood Gardens, Oakwood, Derby, City Of Derby DE21 2TF2
£180K03/230.15 mi15, Leawood Gardens, Oakwood, Derby, City Of Derby DE21 2TF2
£175K03/210.18 mi71, Smalley Drive, Oakwood, Derby, City Of Derby DE21 2SF2
£190K07/230.18 mi67, Smalley Drive, Oakwood, Derby, City Of Derby DE21 2SF2
£177K04/230.2 mi15, Goodrington Road, Oakwood, Derby, City Of Derby DE21 2RR2
£172K11/210.25 mi2, Ivybridge Close, Oakwood, Derby, City Of Derby DE21 2RS2
£170K03/230.25 mi16, Ivybridge Close, Oakwood, Derby, City Of Derby DE21 2RS2
£155K04/230.25 mi12, Lydstep Close, Oakwood, Derby, City Of Derby DE21 2RY2
£175K11/210.29 mi31, Northacre Road, Oakwood, Derby, City Of Derby DE21 2TN2
£183K12/220.29 mi22, Northacre Road, Oakwood, Derby, City Of Derby DE21 2TN2
£183K05/230.29 mi28, Northacre Road, Oakwood, Derby, City Of Derby DE21 2TN2
£155.9K11/210.29 mi3, Hedgerow Gardens, Oakwood, Derby, City Of Derby DE21 2XE2
£154K12/200.32 mi9, Porthcawl Place, Oakwood, Derby, City Of Derby DE21 2RU2
£163K10/210.33 mi5, Consort Gardens, Oakwood, Derby, Derbyshire DE21 2XZ2
£140K07/210.33 mi1, Consort Gardens, Oakwood, Derby, Derbyshire DE21 2XZ2
£184.9K09/210.4 mi5, Armscote Close, Oakwood, Derby, City Of Derby DE21 2QF2
£205K12/210.4 mi2, Armscote Close, Oakwood, Derby, City Of Derby DE21 2QF2
£192K01/230.43 mi37, Dukeries Lane, Oakwood, Derby, City Of Derby DE21 2HA2
£166K05/210.43 mi31, Dukeries Lane, Oakwood, Derby, City Of Derby DE21 2HA2
£168K05/230.58 mi47, Silverburn Drive, Oakwood, Derby, City Of Derby DE21 2JH2
£166K06/230.6 mi32, Samantha Court, Oakwood, Derby, City Of Derby DE21 2JQ2
£190K01/230.6 mi66, Silverburn Drive, Oakwood, Derby, City Of Derby DE21 2JH2
£171.3K12/210.62 mi22, Grassthorpe Close, Oakwood, Derby, City Of Derby DE21 4RW2
£172K07/230.63 mi16, Ashcombe Gardens, Oakwood, Derby, City Of Derby DE21 2LD2
£165.9K07/210.63 mi4, Solway Close, Oakwood, Derby, City Of Derby DE21 2UD2
£187.5K04/230.64 mi5, Russet Close, Oakwood, Derby, City Of Derby DE21 2LA2
£168K03/230.64 mi69, Appledore Drive, Oakwood, Derby, City Of Derby DE21 2LN2
£208K04/230.65 mi5, Pinecroft Court, Oakwood, Derby, City Of Derby DE21 2LL2
£177K04/210.65 mi11, Caldermill Drive, Oakwood, Derby, City Of Derby DE21 2UB2
£181K07/230.65 mi28, Caldermill Drive, Oakwood, Derby, City Of Derby DE21 2UB2
£148K11/210.66 mi21, Prestbury Close, Oakwood, Derby, Derbyshire DE21 2LT2
£129K12/200.66 mi18, Prestbury Close, Oakwood, Derby, City Of Derby DE21 2LT2
£175K01/230.66 mi6, Roseberry Court, Oakwood, Derby, City Of Derby DE21 2LW2
£141.5K10/210.66 mi442, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DF2
£150K02/210.66 mi352, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DF2
£149.9K01/230.69 mi200, Danebridge Crescent, Oakwood, Derby, City Of Derby DE21 2HF2
£160K08/210.69 mi4, Tuxford Close, Oakwood, Derby, Derbyshire DE21 2HH2
£175K03/230.69 mi8, Tuxford Close, Oakwood, Derby, City Of Derby DE21 2HH2
£131K07/210.69 mi7, Swinderby Drive, Oakwood, Derby, City Of Derby DE21 4RN2
£158K08/210.71 mi16, Edwinstowe Road, Oakwood, Derby, City Of Derby DE21 2HL2
£153K11/210.73 mi135, Bishops Drive, Oakwood, Derby, City Of Derby DE21 2DW2
£234K05/230.74 mi14a, Bryony Close, Oakwood, Derby, City Of Derby DE21 2DP2
£230K06/230.74 mi10, Besthorpe Close, Oakwood, Derby, City Of Derby DE21 4RQ2

Local Rents

26 rents from £725/mo to £925/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£89512/240.11 mi-2
£80012/240.18 miSmalley Drive, Oakwood2
£82502/250.23 mi-2
£85012/240.25 miIvybridge Close, Oakwood, Derby, Derbyshire2
£78512/240.25 miIvybridge Close, Oakwood, Derby, Derbyshire, DE21 2RS2
£82504/250.28 mi-2
£85012/240.31 miNorthacre Road, Oakwood, Derby2
£85012/240.42 mi-2
£92512/240.55 miSilverburn Drive, Derby2
£92504/250.63 mi-2
£82512/240.66 miBishops Drive, Oakwood, Derby, Derbyshire2
£85004/250.66 mi-2
£75012/240.66 miBishops Drive, Oakwood, Derby2
£82512/240.69 miBassingham Close, Oakwood, Derby, Derbyshire, DE21 4RP2
£79512/240.7 miBassingham Close, Oakwood2
£80012/240.7 miBassingham Close, Derby, DE21 4RP2
£85012/240.76 miTimbersbrook Close2
£80012/240.78 miAnstey Court, Oakwood 2
£82504/250.78 mi-2
£85003/250.8 mi-2
£85012/240.93 miLashley Gardens, Oakwood, Derby, Derbyshire, DE212
£85012/240.95 miBlackthorn Close, Oakwood, Derby2
£85012/241.05 miAmesbury Lane, Oakwood, Derby, Derbyshire2
£75012/241.09 miAlder Close, Derby, DE212
£72503/251.09 mi-2
£92501/241.14 mi-2

Local Area Statistics

Population in DE21

57,023

Population in Derby

308,324

Town centre distance

3.22 miles away

Nearest school

0.50 miles away

Nearest train station

2.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

0%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £425,000

June 10, 2024

Sold for £125,000

1997

Floor Plans

Description

  • Spacious Detached Bungalow Within Small Sought After Cul-De-Sac +
  • Two Good Size Double Bedroom, Master Bedroom With En-Suite +
  • Ample Parking And Detached Double Garage +
  • EPC Rating D, Standard Construction +
  • Council Tax Band E, Freehold +
  • Fitted Breakfast Kitchen +
  • Spacious Through Lounge/Dining Room +
  • Bathroom With A Three Piece Suite +
  • Established Gardens +
  • Gas Central Heating And Double Glazing +

PREMIER PROPERTY Located within an established and sought after cul-de-sac and overlooking pleasant green space, this two double bedroomed, spacious and well-presented detached bungalow offers a generous lounge diner, fitted breakfast kitchen, master en-suite shower room, ample driveway and a detached double garage. Viewing is essential to fully appreciated the size, standard and location of the property.

Benefiting from uPVC double glazing and gas central heating, the accommodation in brief comprises: Entrance Hall with store cupboard and separate airing cupboard; spacious lounge diner with central fireplace and feature bow window; fitted breakfast kitchen; master double bedroom with en-suite shower room; second good sized double bedroom with a range of fitted wardrobes and a separate fitted bathroom.

To the front of the property is a most generous driveway providing ample off-road parking and giving access to a detached double garage with power and lighting.

To the rear is an enclosed garden with patio seating area, lawn and mixed flower and shrubbery beds.

Offered for sale with no upward chain, Kyle Grove is located close to excellent road networks, local shops, schools, and amenities.

Agent Details

Hannells Estate Agents, Chaddesden

01332 215192

Next Steps?

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